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Dow Jumps 270 Points

Video Credit: Wochit News
Published on August 12, 2020 - Duration: 00:25s

Dow Jumps 270 Points

On Wednesday, US stocks rose.

Investors reacted to positive coronavirus vaccine news.

Shares of Moderna spiked after President Trump announced the US government will by 100 million doses of its coronavirus vaccine.

Tesla shares jumped after the company announced a five-for-one stock split.

Oil prices climbed after a report suggested that American crude stockpiles shrank last week.

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Donald Trump

45th president of the United States
Martha McSally, the Arizona Republican, spent months trailing her opponent. By embracing Trump’s strategy to replace Ginsburg, can she close the gap?
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Moderna

American biotechnology company
Moderna says its coronavirus vaccine triggered an immune response just as effectively in the elderly as in younger adults. Internal medicine physician Dr...
Credit: CBS News - Published 2 hours ago

Moderna's CEO said his company's coronavirus vaccine won't be ready for distribution to the general population until next spring. Nikki Battiste reports.
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Drugmaker's timeline deals a blow to Donald Trump's claim that a vaccine could be out before the November election.
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Tesla, Inc.

American automotive and energy company
How the COVID-19 pandemic is affecting every state
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Nikola's shares have plunged recently, as company endures what one analyst calls a "Twilight Zone of a few weeks."
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The governor says it's a crucial step to curb climate change and pollution — and will spur innovation. Plus: Tesla sues the U.S. government, a majority of..
Credit: USATODAY.com - Published 1 week ago

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